Is gold set to soar above $3,000? What's driving ETF flows
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Gold (GC=F) ETF flows reached a record $5 billion last week, signaling potential upward momentum for the metal commodity.
Yahoo Finance Markets and Data Editor Jared Blikre — also the host of Yahoo Finance's Stocks In Translation podcast — joins Catalysts to discuss the role of central banks in driving gold purchases and the recent surge in ETF buying.
If this trend mirrors past rallies, it could lead to even higher gold prices, potentially surpassing $3,000.
To watch more expert insights and analysis on the latest market action, check out more Catalysts here.
This post was written by Josh Lynch
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